While RCom and its financial lenders fight over the Rs 260 crore tax refund that the company wants to tap to repay Ericcson, the appellate tribunal warns that failure to make the payment will compel it to pass orders for insolvency.

Bad loans under Mudra Yojana have jumped almost 53 per cent to Rs 14,930.98 crore during the first nine months of the current financial year 2018-19, as compared to Rs 9,769.99 crore reported in last year.

The proposal, presented by R Gandhi to the Reserve Bank of India Board on November 8, 2016, said the move was necessitated due to a Finance Ministry letter received a day earlier advising the central bank that cash was facilitating \"black money\".